ZIA & KANWAL: what changed
What changed
ZIA & KANWAL
NACE 47.279, Other retail sale of food
filed annual accounts (NBB)
Net result for the year
€27,550
2024 · -€18,166+€45,716
Equity
€1,984
2024 · -€25,566+€27,550
Cash
€29,003
2024 · €1,689+€27,314
Balance sheet total
€69,661
2024 · €34,733+€34,928
Largest movements
Assets
- Cash +€27,314
up €27,314 (+1,617%), from €1,689 to €29,003
mainly Net result for the year (+€27,550) and Tax, wage and social debts (+€8,761)
- Stocks and contracts +€7,775
up €7,775 (+23.9%), from €32,500 to €40,275
Equity and liabilities
- Profit (loss) carried forward +€27,550
up €27,550 (+59.9%), from -€46,026 to -€18,476
- Tax, wage and social debts +€8,761
up €8,761 (+31.4%), from €27,899 to €36,660
of which Remuneration and social security: +€10,432
- Trade debts -€3,434
down €3,434 (-42.1%), from €8,153 to €4,719
- Short-term financial debts +€2,051
up €2,051 (+29.3%), from €7,010 to €9,061
Income statement
- Gross operating margin +€44,518
up €44,518 (+143%), from €31,131 to €75,649
- Financial income +€1,727
new in 2025: €1,727
of which Financial income: +€1,727
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€18,166
Gross operating margin
+€44,518
Staff costs
-€86
Depreciation
+€161
Write-downs
-€161
Other operating charges
+€109
Financial income
+€1,727
Financial charges
-€254
Taxes
-€298
Result 2025
€27,550
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€25,102
Investment
+€161
Financing
+€2,051
Cash 2024
€1,689
From operations (derived)
+€25,102
Net result for the year
+€27,550
Stocks and contracts
-€7,775
Trade debts
-€3,434
Tax, wage and social debts
+€8,761
Investment (derived)
+€161
Investment in fixed assets (net)
+€161
Financing
+€2,051
Short-term financial debts
+€2,051
Cash 2025
€29,003
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,733 | €69,661 | +€34,928 | +101% |
| Fixed assets | 21/28 | €544 | €383 | -€161 | -29.6% |
| Tangible fixed assets | 22/27 | €544 | €383 | -€161 | -29.6% |
| Plant, machinery and equipment | 23 | €544 | €383 | -€161 | -29.6% |
| Current assets | 29/58 | €34,189 | €69,278 | +€35,089 | +103% |
| Stocks and contracts in progress | 3 | €32,500 | €40,275 | +€7,775 | +23.9% |
| Stocks | 30/36 | €32,500 | €40,275 | +€7,775 | +23.9% |
| Cash at bank and in hand | 54/58 | €1,689 | €29,003 | +€27,314 | +1,617% |
| Total equity and liabilities | 10/49 | €34,733 | €69,661 | +€34,928 | +101% |
| Equity | 10/15 | -€25,566 | €1,984 | +€27,550 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€46,026 | -€18,476 | +€27,550 | +59.9% |
| Amounts payable | 17/49 | €60,299 | €67,677 | +€7,378 | +12.2% |
| Amounts payable within one year | 42/48 | €60,299 | €67,677 | +€7,378 | +12.2% |
| Financial debts | 43 | €7,010 | €9,061 | +€2,051 | +29.3% |
| Credit institutions | 430/8 | €7,010 | €9,061 | +€2,051 | +29.3% |
| Trade debts | 44 | €8,153 | €4,719 | -€3,434 | -42.1% |
| Suppliers | 440/4 | €8,153 | €4,719 | -€3,434 | -42.1% |
| Taxes, remuneration and social security | 45 | €27,899 | €36,660 | +€8,761 | +31.4% |
| Taxes | 450/3 | €2,288 | €617 | -€1,671 | -73.0% |
| Remuneration and social security | 454/9 | €25,611 | €36,043 | +€10,432 | +40.7% |
| Other amounts payable | 47/48 | €17,237 | €17,237 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €30,717 | €30,803 | +€86 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161 | - | -€161 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €161 | +€161 | |
| Other operating charges | 640/8 | €5,456 | €5,347 | -€109 | -2.0% |
| Non-recurring operating charges | 66A | €7,461 | €7,461 | = | 0.0% |
| Gross operating margin | 9900 | €31,131 | €75,649 | +€44,518 | +143% |
| Operating profit (loss) | 9901 | -€12,664 | €31,877 | +€44,541 | |
| Financial income | 75/76B | - | €1,727 | +€1,727 | |
| Recurring financial income | 75 | - | €1,727 | +€1,727 | |
| Non-recurring financial income | 76B | - | €1,727 | +€1,727 | |
| Financial charges | 65/66B | €3,515 | €3,769 | +€254 | +7.2% |
| Recurring financial charges | 65 | €3,515 | €3,769 | +€254 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,179 | €29,835 | +€46,014 | |
| Income taxes | 67/77 | €1,987 | €2,285 | +€298 | +15.0% |
| Profit (loss) for the period | 9904 | -€18,166 | €27,550 | +€45,716 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,166 | €27,550 | +€45,716 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.